Kele Share revealed in a notice that it has recently inked an Acquisition Intent Agreement with Fujian Witais Optoelectronics Co., Ltd., along with its principal shareholder, Chen Huamin. The plan is for Kele Share to acquire a stake of no less than 51% in Witais Optoelectronics. This will be achieved through a combination of capital infusion and the purchase of shares in cash from select shareholders, thereby establishing Witais Optoelectronics as a controlled subsidiary of Kele Share. Specializing in the research, development, and production of precision optical components and devices, Witais Optoelectronics has a strong emphasis on the optical communications domain. Through this strategic acquisition, Kele Share aims to promptly penetrate the precision optical components and devices manufacturing sector. This move is set to propel the company's transition from conventional industrial manufacturing to sophisticated, intelligent manufacturing, ultimately refining its business framework and strategic positioning.